Day: August 20, 2023
Tighter Oil Market Supports Prices
Despite lingering concerns about China’s economy, global oil demand hit a record high in June and could be on track for another record in August, the International Energy Agency (IEA) said in its latest monthly report. The cuts from OPEC+ and Saudi Ar…
What To Expect From This Week’s BRICS Summit
This week, Johannesburg will play host to the 15th BRICS summit, a pivotal gathering of emerging economies – Brazil, Russia, India, China, and South Africa. This year’s conclave aims to deliberate on how to transform BRICS, representing a quarter of t…
More Than 50 Mining Companies To Negotiate Lithium Deals With Chile
More than 50 companies from around the world are jostling to negotiate lithium deals under Chile’s new public-private model. Until now, U.S.-based Albemarle (NYSE:ALB) and Chile-based Sociedad Quimica y Minera de Chile (NYSE:SQM) have dominated the Ata…
Oxford Researchers Reveal How To Maximize Solid-State Battery Potential
Significantly improved electric vehicle (EV) batteries could be a step closer thanks to a new study led by University of Oxford researchers. The research findings have been published in Nature. Using advanced imaging techniques, the team revealed mecha…
Analysts: UK Consumers Could See Energy Bills Fall This Autumn
The amount that an average household is expected to pay for its energy bills will fall by around £150 per year from the start of October, according to a new forecast. Ofgem’s next price cap, which will be announced on Friday next week, will drop to aro…